Aevo may release important content update

According to BlockBeats, on July 1, Aevo issued a notice that "something new is coming", or an important content update will be released.

BlockBeats previously reported that on June 26, Aevo updated its token economics, and the 4-month trading reward activity has ended, and the trading reward activity will not be continued. However, the staking reward will remain unchanged at 100,000 AEVO per week. In addition, for the rest of the year, Aevo will use the protocol revenue to repurchase AEVO tokens to empower token holders.

Given the current protocol revenue rate, Aevo will commit to repurchase at least 1 million AEVO per month from July to December. The repurchase will be conducted on the chain every week. The repurchased AEVO tokens are sent back to the main DAO treasury. Future token economic adjustments (such as destruction or reward plans) will need to be voted on again by token holders.